Fed Is Not Making a Mistake Being Patient, Ed Hyman Says

Why won't the Fed just get on with it? Well, they will. You got to be patient. And people like Mike pretty much put me out of business. The quality of I couldn't do that well, the quality of what? What you do seriously is so good. But. The feds just being patient and you can't fault them for that. I can feel, you know, and I have a a strong view about what's happening, but I can feel that they're not making a mistake by being patient. Right now waiting, I'm not for sure what whether it's an unemployment claims number or another increase in the unemployment rate by 10th or some anecdotal. Like swimming pool sales weekend or something. That suddenly say, yeah, we have to go. The thing like that we should keep in mind is that they do have a view that once they start, this is a March, they don't, they don't take a step. Once they start, they are telling you and me that they're going to have a program of rate cuts. So that's why they're have a little more resistance to starting up.